Zenou, Yves; König, Michael D.; Tessone, Claudio J. - In: Theoretical Economics 9 (2014) 3
We develop a dynamic network formation model that can explain the observed nestedness in real-world networks. Links are … identify the networks to which the network formation process converges and find that they are nested split graphs. We … by real-world networks. Using four different network datasets, we empirically test our model and show that it fits well …